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Nov 20, 2012 4:30pm PST
volume was lighter-- 641 million shares on the big board; under 1.6 billion on the nasdaq. the healthcare and financial sectors saw the best gains, up a half percent each. technology was the hardest hit, down six tenths of a percent. and that's because of the big drop in hewlett-packard. the stock was hit by its massive write-down, which we reported on earlier, and a disappointing outlook. shares fell 12%. volume was huge, more than six times normal. at $11.71 per share, this is h-p's lowest stock price since the mid-1990s. it has lost more than half its value we have a deeper dive into hewlett-packard's stock chart. it is on our web site, click on the "blogs" tab and look for michael kahn. h-p's outlook also hung over other companies that are big in the traditional computer market. semiconductor maker intel dropped 3.7% to a new 52-week low. intel has been criticized for being late to get more involved in the mobile computing market. disk drive maker western digital fell 2.6%. advanced micro devices, another semiconductor company hit by weak personal computer demand, fell 2.1%.
Search Results 0 to 3 of about 4 (some duplicates have been removed)